Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

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CMS Final Rule extends Stage 2; Delays requirements

CMS on Friday announced in a final rule that it will delay some requirements of its meaningful use program, allowing providers to continue to receive incentive payments if they haven't yet adopted electronic health records (EHR) software that was certified under the 2014 criteria.  

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Data Discrepancies Leave Insured at Risk in Georgia

More than 20,000 insured Georgians have until this Friday to provide missing information to their health insurance exchange (HIX) plan or they will lose their coverage on September 30.

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Toy in the Cracker Jacks box for numbers hounds

Even though Los Angeles is roasting, I’m certain that I feel an extra chill in the morning and evening air. Maybe it’s just that I know fall is around the corner, but I feel what I know: Summer is coming to a close. 

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Insurers to Fund Independent HIE in California with $80 Million

The formation of a new health information exchange was recently announced in California that would make the medical records of nine million patients, representing more than a quarter of the state’s population, available to network physicians and hospitals.

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Community Health Systems Reports Largest Hacking-Related HIPAA Breach; 4.5 Million Patients Affected

The records of an estimated 4.5 million patients of Community Health Systems (CHS) potentially have been compromised by computer hackers. Community Health Systems, which operates 206 hospitals across the U.S. announced earlier this week that its data security was compromised when hackers broke in and stole patient data. 

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Driving Change Using Business Intelligence

The Obama Administration is still actively engaged in redefining healthcare in the U.S.  During this period of change, radiologists are seeking out a more prominent seat at the table as contributors in defining and directing patient care and ultimately, in improving patient health outcomes while reducing overall healthcare costs.

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The Rise of High Deductible Health Plans

VMG

The U.S. Commerce Department’s Bureau of Economic Analysis (BEA) recently announced that healthcare spending costs rose 9.9 percent in the first quarter of 2014, which was the largest quarterly increase in more than 30 years. The continued rise in healthcare spending costs has a direct effect on the entire United States population, but most directly effects consumers via overall higher healthcare costs including higher insurance premiums. 

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Using Business Intelligence to Enhance Practice Management

Zotec

In an environment where radiologists are consistently being asked to do more with less, a simple increase in production is no longer a viable remedy to a problem. Practice managers and physician owners need to work smarter, instead of just harder. Using business intelligence data for predictive analytics, they are beginning to run their practices more efficiently, but also more effectively, challenging the status quo and using data to affect change.